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Freshman Scholarships

These awards are for the 2015-2016 academic year.
Click here for our scholarship calculator!

Academic Awards
Award Amount
Founders Scholarship $16,000
Heritage Scholarship $14,000
Achievement Scholarship $12,000
Recognition Scholarship $9,000
Promise Grant $4,000
Presidential Academic Up to $3,000
Honors Program Participation Competitive $1,000
Other Awards
Award Amount
Diversity Leadership Scholarship Program (DLSP) Up to $4,000
Nazarene Pastor or Missionary Dependent** $6,500
Pastor or Missionary Dependent $2,500
Nazarene Challenge** $2,500
Athletic Scholarships Varies
Music Scholarships Up to $2,500
Institutional Ministerial $1,000
Esther Buchwald Art Scholarship Varies (portfolio required)

**Nazarene Pastor or Missionary Dependent and Nazarene Challenge may not be combined.

Academic Transfer Scholarships

See http://www.gotomvnu.com/transfer/faid.php

MVNU Need-Based Awards

University Fund Scholarship - Varies (need-based on FAFSA and remaining need)

Federal Grants

Federal Pell Grant - up to $5,730 (need-based, determined by FAFSA)

Federal Supplemental Education Opportunity Grant - $500 (need-based, determined by FAFSA, limited funding)

Federal Work-Study Eligible - Up to $1,800 (need-based by FAFSA; must secure job to receive)

Federal Loans

Federal Direct Unsubsidized Loan - at least $2,000 (non-need-based, interest accrues immediately at 3.86% rate, deferred until 6 months after graduation or not enrolled)

Federal Direct PLUS Loan - Varies (Loan in parent's name requires credit check. Awarded on difference between financial aid and direct costs. 10 year term, 6.41% interest rate)

Federal Direct Subsidized Stafford Loan - up to $3,500 (need-based, no interest while in school, 3.86% rate, Deferred until 6 months after graduation or not enrolled)

Perkins Loan - $2,000 (need-based, 5% interest rate deferred until after graduation, limited funding)

Scholarship Calculator

Financial Aid Fast Facts
  • MVNU costs $6,000 less than the average private college.
  • 98% freshmen students receive grant or scholarship aid.
  • The average award was $19,473 per student.
  • The average MVNU student borrows only $39 more per year than the average student attending a state university in Ohio.
  • MVNU was recognized by "Educate To Career" as a Top 100 College Best Value in 2014.

Hear how scholarships affect lives of MVNU students.
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